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Great potential if they make it

Software Engineer
Former Employee
Worked at Opendoor for less than 1 year
April 17, 2020
San Francisco, CA
4.0
RecommendsNeutral OutlookApproves of CEO
Pros

Strong leadership team, customer-focused, and ambitious. The SF office is very nice and in a good location. High quality people, healthy corporate culture, and performance oriented.

Cons

The macro economy is a concern right now (April-May 2020). The significant lay-off of 35% just happened, and lots of talented people lost their jobs, myself included.

The affect of covid-19 is not clear yet on the housing market, credit markets in general, consumer behavior, unemployment, etc. To sell or buy houses, people should not have fears about their health; they need jobs, income, good-standing credit, etc. None of that materialized yet.

Advice to Management

Stay strong, find ways out of that crisis, and maybe hire back some of the people laid off recently...

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